DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

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Former SEC-registered adviser

S•••••• A•••••• C•••••• M••••••••• L••

Former SEC-registered adviserDallas, TexasCRD 226628SEC 801-112843websiteIAPD
Latest filing Jan 31, 2026
First filing on the tape Mar 15, 2018 · 22 filings
SEC status approved since Apr 16, 2018
RAUM
$734M
reported, Item 5.F
Discretionary
91%
of RAUM
Private clients
91%
$668M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
7
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
22 filings and snapshots on the tape
RAUM$734M as of Jan 31, 2026
Mar 13, 2019$125M then
HNW client RAUM$661M as of Jan 31, 2026
Mar 13, 2019$125M then
State-registered IARs (5.B.3)5 as of Jan 31, 2026
Mar 13, 20192 then
Employees (5.A)7 as of Jan 31, 2026
Mar 13, 20194 then
Private funds: no history
RAUM +16% over the last fiscal year+30% a year over threeIARs 6 to 5
Practice profile
derived from the filing of Jan 31, 2026; every figure names its basis
RAUM per advisor
$147MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
11derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$16.5MderivedHNW RAUM over HNW clients
Average account
$2.4MderivedRAUM over accounts (5.F.2.f)
Discretionary
91%derivedof RAUM
Institutional
8.9%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.4derivedItem 5.A over advisors
Advisors per office
5.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+16%derivedbetween the last two annual amendments
Advisor growth, one year
-17%derivedItem 5.B.3 between annual amendments
Client growth, one year
+7.7%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individualsreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$661M90%
  • Pension and profit-sharing plans$65.0M8.9%
  • Individuals$7.5M1.0%
  • Charitable organizations$544,0000.1%
Individual clients
16reported
HNW clients
40reported
Pension plan clients
3reported
Charitable clients
1reported
Accounts
304reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
4 left, 0 joined in 12 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • S••••• B••••• S•••••• · Managing Member, Chief Executive Officer, And Chief Compliance Officercontrol
    since 03/2015 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
D•••••, Tx · principal005
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 56 to 304
    Feb 18, 2025 to Jan 31, 2026
  • Advisory employees · 6 to 5
    Feb 18, 2025 to Jan 31, 2026
  • HNW clients · 36 to 40
    Feb 18, 2025 to Jan 31, 2026
  • Employees · 8 to 7
    Feb 18, 2025 to Jan 31, 2026
  • State-registered IARs · 6 to 5
    Feb 18, 2025 to Jan 31, 2026
  • Discretionary RAUM · $530M to $669M
    Feb 18, 2025 to Jan 31, 2026
  • HNW RAUM · $561M to $661M
    Feb 18, 2025 to Jan 31, 2026
  • Non-discretionary RAUM · $103M to $65.0M
    Feb 18, 2025 to Jan 31, 2026
  • RAUM · $634M to $734M
    Feb 18, 2025 to Jan 31, 2026
  • Accounts · 208 to 56
    Jan 25, 2024 to Feb 18, 2025
  • HNW clients · 35 to 36
    Jan 25, 2024 to Feb 18, 2025
  • Employees · 9 to 8
    Jan 25, 2024 to Feb 18, 2025
  • Financial planning clients · 1-10 to 1-10
    Jan 25, 2024 to Feb 18, 2025
  • Discretionary RAUM · $497M to $530M
    Jan 25, 2024 to Feb 18, 2025
  • HNW RAUM · $489M to $561M
    Jan 25, 2024 to Feb 18, 2025
  • Non-discretionary RAUM · $40.0M to $103M
    Jan 25, 2024 to Feb 18, 2025
  • Pension RAUM · $40.0M to $65.0M
    Jan 25, 2024 to Feb 18, 2025
  • RAUM · $537M to $634M
    Jan 25, 2024 to Feb 18, 2025
  • Accounts · 202 to 208
    Oct 2, 2023 to Jan 25, 2024
  • Advisory employees · 5 to 6
    Oct 2, 2023 to Jan 25, 2024
  • Individual clients · 15 to 16
    Oct 2, 2023 to Jan 25, 2024
  • Employees · 8 to 9
    Oct 2, 2023 to Jan 25, 2024
  • HQ city · unset to D•••••
    Oct 2, 2023 to Jan 25, 2024
  • HQ state · unset to TX
    Oct 2, 2023 to Jan 25, 2024
  • State-registered IARs · 5 to 6
    Oct 2, 2023 to Jan 25, 2024
  • Discretionary RAUM · $435M to $497M
    Oct 2, 2023 to Jan 25, 2024
  • HNW RAUM · $452M to $489M
    Oct 2, 2023 to Jan 25, 2024
  • Non-discretionary RAUM · $65.0M to $40.0M
    Oct 2, 2023 to Jan 25, 2024
  • RAUM · $500M to $537M
    Oct 2, 2023 to Jan 25, 2024
  • Accounts · 200 to 202
    Jul 11, 2023 to Oct 2, 2023
  • HNW clients · 33 to 35
    Jul 11, 2023 to Oct 2, 2023
  • Employees · 7 to 8
    Jul 11, 2023 to Oct 2, 2023
  • Discretionary RAUM · $357M to $435M
    Jul 11, 2023 to Oct 2, 2023
  • HNW RAUM · $375M to $452M
    Jul 11, 2023 to Oct 2, 2023
  • RAUM · $422M to $500M
    Jul 11, 2023 to Oct 2, 2023
  • Advisory employees · 3 to 5
    May 18, 2023 to Jul 11, 2023
  • Employees · 5 to 7
    May 18, 2023 to Jul 11, 2023
  • State-registered IARs · 3 to 5
    May 18, 2023 to Jul 11, 2023
  • Accounts · 195 to 200
    Jan 20, 2023 to May 18, 2023
  • Discretionary RAUM · $298M to $357M
    Jan 20, 2023 to May 18, 2023
Signals
10 dated events
  • S•••••• A•••••• C•••••• M••••••••• L•• no longer on the SEC adviser roster (last listed 2026-06-01, RAUM $734.0M)
    Jul 1, 2026 · Left the SEC roster · derived
  • C••••• E•••••••• B••• left S•••••• A•••••• C•••••• M••••••••• L•• for E•••• A••••••• (registered 2026-06-11)
    Jun 9, 2026 · Advisor changed firm · fact
  • J•••••• A••• F••••• left S•••••• A•••••• C•••••• M••••••••• L•• for E•••• A••••••• (registered 2026-06-15)
    Jun 9, 2026 · Advisor changed firm · fact
  • B•••• S•••••• S•••• left S•••••• A•••••• C•••••• M••••••••• L•• for E•••• A••••••• (registered 2026-06-15)
    Jun 9, 2026 · Advisor changed firm · fact
  • S•••• W•••••• P••••••• left S•••••• A•••••• C•••••• M••••••••• L•• for E•••• A••••••• (registered 2026-06-15)
    Jun 9, 2026 · Advisor changed firm · fact
  • S•••••• A•••••• C•••••• M••••••••• L••'s advisors moved to E•••• A••••••• (Dallas, TX): 4 of 4 registered, on the same day
    Jun 9, 2026 · Firm absorbed (people side) · derived
  • Louis Ezekiel F••••• no longer registered at S•••••• A•••••• C•••••• M••••••••• L••; no later IA registration on IAPD
    Oct 20, 2025 · Advisor departure · fact
  • I•• T••••• R••••••• left S•••••• A•••••• C•••••• M••••••••• L•• for C•• W••••• M••••••••• (registered 2023-04-27)
    Mar 10, 2023 · Advisor changed firm · fact
  • S•••••• A•••••• C•••••• M••••••••• L•• reported RAUM $301.3M, up 67% from $180.0M (2020-06-17 to 2021-03-17)
    Mar 17, 2021 · RAUM change · derived
  • S•••••• A•••••• C•••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
    Mar 15, 2018 · ria f•••• adv filing · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
n/aderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026